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Commercial Real Estate Sector Surges to Record Highs

Sunday, Nov 28 2021
Commercial Lending
Written by  The Mortgage Leader

Cheap and available credit has pushed most asset classes higher, and commercial real estate is no exception, with prices and activity reaching unprecedented levels. So reports the Richmond Times-Dispatch.

Real Capital AnalyticsCommercial property sales totaled $193 billion in the third quarter, up 19% from a year earlier and the highest quarterly volume ever, according to real estate research firm Real Capital Analytics.

The first three quarters of this year brought $462 billion in completed sales, another record, Real Capital Analytics said.

Read the full article from the Richmond Times-Dispatch.

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